Tax Time Crunch Is Here: 3 Savings Tips
Well – here we are. It’s getting late in April, and that means the deadline for doing your taxes is nearly here! Avoid any unnecessary fees – or hopefully get a good return – by filing before the April 30, 2011 deadline in Canada. It’s been said that ‘the only two things that are guaranteed in life are death and taxes‘. That really feels true during this time of year. But don’t sweat it. There is still time to complete your return and do it as cost-effectively as possible. Whether you’re a tax expert, or a total noob, there are some ways to ensure you’re only paying what you need to during this time of year. Tax Tips: Keep your receipts and know your deductions You know when co-workers are canvasing for their kids and you make a donation? Find out of those were tax deductible. Those receipts will be great for putting towards your return. Got bus passes? Bring them in as well. Every little bit helps during tax time, so check out the great resources online and make sure you’re getting the best possible return. Do it yourself If you’re a tax expert, have